It has been revealed by the authorities that India shall now run in co-operation with the OECD for the purpose of dealing with issues related to promotion of better tax schemes as well as transfer pricing.

This has been done in order to improve those regulations that are essential for cross border quarrels. It has been revealed that both the sides would now take an active role in making the conditions of the trade better as well as suggest newer ways and methods for the purpose of better results for the commoners as well as the governments.

There was a seminar held at Delhi regarding the new tax policies that could benefit the conditions for security and trade in the two nations.

There were as many as 170 officials attending this seminar and it sure has had its effect on the authorities. The need of the hour is to share the burden of tax and not totally put in on either the government or the people. India is an important country in the global exchange scene and this is one more reason for the policies as well as techniques to be set right for the benefit of one and all.